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(Construction.IndustryNews247.Com, May 04, 2019 ) They efficiently handle small, medium, and large parts that include mufflers and pipes, gaskets and wiper blades etc. Furthermore, the modular nature of the storage system allows for easy scalability of the storage spaces. As and when needed, modules can be added or reduced depending upon the needs of the user. Such as system helps an operator to use the available space to the maximum for storage and thus achieve cost savings.
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Some of the key players influencing the Vertical Lift Module (VLM) market are
Hanel Storage Systems Interlake Mecalux Kardex Group AutoCrib, Inc. (Lauyans & Co.) MDCI Automation (Sapient Automation) SencorpWhite System Logistics Spa SSI Schaefer Systems International EffiMat Storage Technology A/S Constructor Group AS (Kasten and Dexion) Weland Lagersystem AB Modula S.p.A Ferretto Group Spa ICAM srl Zecchetti s.r.l.
Major Vertical Lift Module (VLM) market initiatives were observed in the North American and European region as both of these regions are highly developed. Also, APAC region with developing economies such as China and India and other South Asian countries are demanding for better storage and retrieval systems due to their increasing e-commerce, logistics, and manufacturing sector. For this, companies are partnering with each other to enhance their sales and distribution network. The VLM market is facing intense competition and it is constantly increasing. Emergence of competitors globally and pricing pressures has created a pressure on the companies operating in the market to develop differentiate and innovative products along with cost-reduction. Thus, several companies are acquiring VLM business of other companies to expand their product-portfolio.
The overall Vertical Lift Module (VLM) market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the Vertical Lift Module (VLM) market.
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The Insight Partners
Sameer Joshi
+1-646-491-9876
sam@theinsightpartners.com
Source: EmailWire.Com
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